UPM Sees Comparable EBIT In H2 To Be In Range Of Eur 425-650 Mln

UPM-Kymmene Oyj UPM:

• UPM Q3 REVENUE EUR 2,298 MILLION VERSUS. IBES ESTIMATE EUR 2,410 MILLION

• UPM Q3 ADJUSTED EBIT EUR 153 MILLION VERSUS. IBES ESTIMATE EUR 157.6 MILLION

• UPM Q3 EBIT EUR 55 MILLION

• UPM Q3 NET INCOME EUR 18 MILLION

• UPM Q3 ADJUSTED EBITDA EUR 251 MILLION VERSUS. IBES ESTIMATE EUR 288.1 MILLION

• UPM Q3 EPS EUR 0.03

• COMPARABLE EBIT IN H2 2025 IS EXPECTED TO BE APPROXIMATELY IN RANGE OF EUR 425-650 MILLION (EUR 413 MILLION IN H1 2025, AND EUR 709 MILLION IN H2 2024).

• IN H2 2025, COMPARED WITH H1 2025, UPM'S PERFORMANCE IS EXPECTED TO BENEFIT FROM LOWER VARIABLE COSTS

• IN H2 2025, COMPARED WITH H2 2024, UPM'S PERFORMANCE IS EXPECTED TO BE HELD BACK BY LOWER SALES MARGINS FOR PULP, LOWER DELIVERIES OF COMMUNICATION PAPERS, AND HIGHER MAINTENANCE ACTIVITY